Tag: rich
Should billionaires exist?
If capitalism were working properly, billionaires would have gone the way of the dodo.
New report reveals millionaires’ tax rates slashed by half since 1950s,...
This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.
The 2024 election is about the rich stealing from the public
A fight over extending provisions of Trump’s tax cuts is at stake in November’s election. Ultimately, the race is about money.
Do high taxes on our rich make any sense?
We need to do more than tax high incomes. We need to limit them.
Unmasking the shadows: The fight to end billionaire tax breaks for...
A groundbreaking legislative effort aims to seal a critical loophole in the tax code, curbing the unchecked flow of billionaire-funded dark money into American politics.
Sanders’ bill targets sky-high CEO pay: A push for economic equity
The legislation, titled the Tax Excessive CEO Pay Act, targets corporations with stark discrepancies in compensation between CEOs and their workers.
Billionaires’ wealth skyrockets by 114% amid global poverty surge
This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.
Wealth over fairness: Shocking report unveils tax favoritism for the rich...
According to the report, in 41 out of 50 states, the wealthiest 1 percent are subjected to lower tax rates compared to other income groups.
Jeff Bezos’ housing hypocrisy: Millions to fight homelessness, more to fuel...
While Jeff Bezos donates to fight homelessness, his investment in single-family homes raises alarms about exacerbating the housing crisis.
Billionaire Heirs: The accelerating $5.2 trillion wealth transfer
Without robust wealth and inheritance taxes the children and grandchildren of today's billionaires will dominate our future politics, economy, culture, and philanthropy."
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ICE at the gates: Rights groups warn Trump airport deployment risks civil liberties crisis
Civil liberties advocates, unions, and lawmakers raise alarm over use of immigration agents in airport security amid shutdown-driven staffing crisis.
California’s herbicide spill ignites growing movement to ban paraquat nationwide
The spill, which closed a major highway and sent at least ten people to seek medical attention for respiratory symptoms, became a catalyst for a renewed political battle over the chemical's future in California.
Why Donald Trump just can’t stop going to war
When imperial America offers help, it just might get you killed.
The Age of Arrogant Amateurism – as ‘know-it-all’ opportunists seize power to control, not...
To win big in this brave new world, forget tested skill-sets and the wisdom of experience: chutzpah and risk-taking, even gambling, are paramount, then the facile ability to learn on the job how to cling to power.
Balanced budget amendment would put Social Security, Medicare, and core public services on the...
The proposal would make revenue increases extraordinarily difficult while allowing tax cuts to pass more easily, shifting pressure onto widely used federal programs.